By Julia Hoppock

Sep 25, 2008 11:13am

So Much for Putting Politics Aside to Solve This Financial Crisis

The campaign of Sen. Barack Obama, D-Ill., sends along his prepared remarks, which he is making right now via satellite from Clearwater, Fla.

"Congressional leaders have made progress in their negotiations, and appear close to a deal that would include these principles," Obama will say, after outlining his principles for the Wall Street bailout bill. "President Bush addressed some of these issues last night, and I’m pleased that Sen. McCain has decided to embrace them, too."

Little dig there.

He follows it with a challenge for Sen. John McCain, R-Ariz., to appear at the first presidential debate tomorrow night at Ole Miss.

Tomorrow, Obama says, he will "travel to Oxford on Friday for the first of our presidential debates. Our election is in 40 days. Our economy is in crisis, and our nation is fighting two wars abroad. The American people deserve to hear directly from myself and Sen. McCain about how we intend to lead our country. The times are too serious to put our campaign on hold, or to ignore the full range of issues that the next President will face. "

- jpt

User Comments

What I’m failing to understand is that in the digital age, how much is physical presence necessary unless you are going to be at the negotiating table with Paulson? And it has been made clear that neither candidate is welcome. Everything beyond that can be done via phone or emai, right?

Posted by: RT | September 25, 2008, 11:16 am 11:16 am

McCain says all hands on deck, and Bush says mission accomplished. But Bush told McStall, to ‘PASS THIS DARN BILL’. Will McCain listen, to Bush, or will the Republicans, tell McCain ‘No’? This situation puts McCain right, in the middle of the Republican and Bush. Which side will he take. Will he have the Democrates bail, him out? Since McCain is worried about, Chewing Gum and Walking, at the same time, will he use another Obama crutch? McCain has tried to adapt to changing staff memebers, due to scandels. Can he keep Palin quiet, a little longer. Palin doesn’t answer Americans questions, and Obama has taken on a stronger stance, for Middle America. Now, will McCain dodge Obama, at the debate?

Posted by: historyforgotten | September 25, 2008, 11:18 am 11:18 am

my advice to Obama is Lead, Follow or Get Out of The Way.
Yammering doesn’t help at this point

Posted by: smith | September 25, 2008, 11:19 am 11:19 am

You need to be physically present for a floor vote.

Posted by: Leonard Peltier | September 25, 2008, 11:20 am 11:20 am

This of course doesn’t surpirse me. But of course, Democrats will find a way to spin this for Obama as always, because in the end, there is NOTHING more important then him.

Posted by: Wyatt Fitzgerald | September 25, 2008, 11:20 am 11:20 am

RT I would say the difference is it is easy to play politics long distance, via phone, email, etc, a completely different story to look one straight in the face and try to play the same game. Aside from that, I don’t want my president cramming for an exam and trying to work out the economy at the same time, I want his full undivided attention put on a crisis that needs to be addressed ASAP.

Posted by: samhiguchi | September 25, 2008, 11:20 am 11:20 am

McCain flew back to straighten this whole thing out so he better get a leash on Boehner or go to the debates.

Posted by: Leonard Peltier | September 25, 2008, 11:21 am 11:21 am

Sen. Obama would never shy away from a debate and insult the American public. He’s not the kind of person to back out of a commitment at the last minute. McSame is so insulting to my intelliegence that it makes my brain hurt. We can all see through your pathetic political gimmick, McSame.

Posted by: Bethany Donovan | September 25, 2008, 11:21 am 11:21 am

Well said.

Posted by: Lisa | September 25, 2008, 11:22 am 11:22 am

samhuiguchi,
Let’s all hold hands and meditate.

Posted by: Leonard Peltier | September 25, 2008, 11:22 am 11:22 am

I am for McCain, but Obama is right on this one. It is time for both of them to face the nation.
Why is McCain running to hide in Washington? Come on Mc… get with it on this one.

Posted by: for McCain all the way | September 25, 2008, 11:22 am 11:22 am

McCain says his campaign is suspended yet his surrogates are attacking Obama just like any other day today. Also, Bob Barr, Libertarian, has stepped up to the plate since Mccain can not handle more than one thing at a time.
“Given Senator McCain’s political stunt to avoid the debate, I ask that Friday’s debate moves forward without him, as I am more than willing to step in to participate,” Mr. Barr said in a statement this morning.

Posted by: Paige | September 25, 2008, 11:23 am 11:23 am

God bless you, Barack Obama. America needs your leadership in this moment of crisis.
What we don’t need is the bumbling foolishness of John McCain and Sarah Palin. Anyone see that interview Palin did on CBS? Palin is clearly not qualified to be President (which should be the requisite of a vice president).
There have been times in our past when we’ve been blessed with the right leader at the right time.
We need Barack Obama to lead.

Posted by: Carlton Donaghe | September 25, 2008, 11:23 am 11:23 am

1st McCain sticks it to Letterman, and now he’s sticking it to the American people by ducking the debates in an attempt to run out the clock and be “gaffe-less” into election day. This is a stunt pure and simple. And if Obama
did it or went along with it he should be punished too.

Posted by: hmn | September 25, 2008, 11:24 am 11:24 am

I hope this example of political pandering by McCain gets the scorn it deserves. What kind of arrogant fool thinks he and only he can save America? I believe his great “patriotism” is more motivated by falling poll numbers than any REAL concern he has for the economy. This is political grandstanding, plain and simple.

Posted by: JR | September 25, 2008, 11:25 am 11:25 am

Big surprise there.
Obama proves yet again that he’s no uniter and not interested in bipartisanship (which anyone who has been paying attention already knew).
The main thing, though, is that Obama (a poor debater and foreign-policy weakling) has already crammed for the debate, and doesn’t want something trivial like an economic crisis to get in the way of his campaign schedule.

Posted by: Jon Do | September 25, 2008, 11:26 am 11:26 am

Jon Do seems to think Obama canceled the debate. This is what happens when you start believing your own disinformation.

Posted by: Leonard Peltier | September 25, 2008, 11:27 am 11:27 am

What is McCain going to offer to this problem, nothing, it’s ploy and he looks scared and he’s trying to scare the public, saying that he needs to be there to help, with what? he knows nothing on the economy, he said it himself, go debate and prove that you are the man in charge…

Posted by: matt | September 25, 2008, 11:28 am 11:28 am

RT, my thoughts exactly. Unless the vote is on Friday night, there is absolutely no reason to cancel the debate.

Posted by: Daisy | September 25, 2008, 11:28 am 11:28 am

Jake, McCain hasn’s suspended his campain AT ALL.
Read his remarks at CGI, see his nationwide on television, and above all, check Jonathan Martin’s report at Politico:
What exactly constitutes a “suspended campaign?”
Well, Team McCain is still working away this morning. Joe Pounder, the indefatigable press aide, blasted out his morning email of clips and quips to reporters with just a bit of dissonance
From Team McCain: “Good morning –
John McCain will be in New York City this morning to address the Clinton Global Initiative and then heads back to Washington, D.C. As announced yesterday, the campaign is suspending after today’s remarks. Now on to today’s news…”
_ _ _
In other words: a suspension in name only. A lie. A cheat. Cynical politics in its purest manifestation.

Posted by: kurt | September 25, 2008, 11:29 am 11:29 am

mccain needs a nap, what a tool this mccain camp is
i hope the american people call him out for this… cant do two things at once… this guy is a joke
right now where is he? whats he doing? hes not doing anything!
this is just a lame political stunt,

Posted by: Bhrandon | September 25, 2008, 11:29 am 11:29 am

I correct myself, Jon Do seems to think that McCain meditating outside of the Banking and Finance Committee Room will bring peace and understanding to the halls of Congress.

Posted by: Leonard Peltier | September 25, 2008, 11:29 am 11:29 am

John Do – Your candidate is the MOST ABSENT MEMBER of Congress. Mccain has missed more votes than any other member of Congress. He managed to take the prize away from two other members battling brain tumors. The only reason he has an interest in this crisis is because the polls tell him it’s in HIS best interest.

Posted by: Paige | September 25, 2008, 11:30 am 11:30 am

Boy I can’t imagine how one could get from washington to Miss. in only a few hours, if only someone would invent some sort of transportation that would help lessen the time traveling. Maybe in the air, since roads can get congested around cities.
What we seem to be forgetting and what underscores some of the economic crisis is, what happens to the hotels and buisnesses in Miss. if the debate is cancelled, how much is lost?
The university already put down a few million, I am sure Hotels in the area are booked solid.
Change the debate to the economy, both have had equal time to get ready for it then.
side note: if you dont’ think mcCain in dc is political, he himself admitted to not being to keen on the economy, so what help would he be?

Posted by: make it known | September 25, 2008, 11:30 am 11:30 am

“If you need me, call me” that quote from Obama is clear on his leadership skills. Obama has done nothing in his life to date. He has not even lead in state government. This is not the time for a “present” vote. Glad he is staying away. This is a time for leadership and Obama is not needed in that regard. McCain has begged Obama to schedule a lot of town hall debates but Obama refuses because it required too much studying on his part. He is not smart enough to handle tough questions. That is why he screams racism anytime he is challeged. Better call Rev. Wright to pray for a total failure of this country.

Posted by: Nookly23 | September 25, 2008, 11:30 am 11:30 am

The funniest thing about this stunt was McCain’s skipping out on Dave Letterman and saying he was going to Washington right away when he was in fact doing an interview with Katie Couric in the same studio. McCain again found the truth inconvenient.

Posted by: bhciapol | September 25, 2008, 11:30 am 11:30 am

COURIC: I’m just going to ask you one more time, not to belabor the point. Specific examples in his 26 years of pushing for more regulation?
PALIN: I’ll try to find you some and I’ll bring them to you.
’nuff said ,,,,,,,,,
Mission Accomplished

Posted by: Rex | September 25, 2008, 11:31 am 11:31 am

“Aside from that, I don’t want my president cramming for an exam and trying to work out the economy at the same time”
How is that relevant? In case you hadn’t noticed, neither McCain nor Obama is the President yet.
They’re both senators. What’s more, they’re senators who aren’t economics experts. Neither of them would normally be directly involved with the negotiations for a bill such as this.
Even if you do think they should be acting as if they are President already, the direct intervention of a President is not necessarily a good thing. No-one is an expert in everything. What a President should be doing is ensuring that those who actually do have the appropriate expertise are working on it, not rolling up his sleeves and getting stuck in regardless of whether he can contribute anything or not.
What they can do is raise support for the bill, but they don’t have to be there to do that. They can call people, issue statements, etc. They don’t have to suspend campaigning – particularly when there’s only 39 days left before the election!
If a Presidential candidate is not capable of doing that and preparing for a debate at the same time, then I think that raises serious questions about their ability to actually be President.

Posted by: Aengil | September 25, 2008, 11:31 am 11:31 am

Why could McCain not hand over his campaign to his VP? Is that not why he picked her… she is so strong, energetic and commanding…. oh wait… she is clueless, forget that point !!
McCain is not on any boards or committees that are running this … so he is only going to Washington for a photo-op and to make it look like he is putting country first… does he forget that his actions and non actions are part of the reason we are in this mess in the first place?
Why was he not in Washington to vote all this year? He was too busy campaigning… but now all of a sudden, a week after telling america that the “Fundamentals of our economy are strong” he now realizes we are in a financial mess? OH PLEEZ.
This is a gimmick just like picking the Unable/Palin.
If he doesn’t debate and she doesn’t either.. they don’t deserve to even be on the ballot.

Posted by: lg | September 25, 2008, 11:33 am 11:33 am

Leonard Peltier,
Carefully re-read my post and maybe, just maybe, it will clear up your lack of understanding.

Posted by: Jon Do | September 25, 2008, 11:34 am 11:34 am

Jake, How come you aren’t reporting that McCain, in his comments at the Clinton Global Initiave slammed Obama saying that Obama was politicizing the whole bailout. And Clinton defended Obama, arguing that he wasn’t and gave evidence of an opportunity Obama had to make an event with clinton a political show, but refrained. Really Jake.. You are so predictable. Is Obama perfect.. Of course not. But this like most other political episodes this election illustrates how ppor the republican ticket is in both areas governance and politics.. How about some reporting on that cbs interview with palin yesterday?

Posted by: Steve | September 25, 2008, 11:34 am 11:34 am

One of the sorriest things in this whole godawful mess was Palin telling Katie Couric in an interview (her 2nd in 5 weeks! Wow! )that the American people are looking to “Jawn McCain” in this crisis – they’re not looking to Barack Obama.” (A) So much for not politicizing the issue, (B) when Couric pointed out that polls EVERYWHERE show that the public trusts Obama more with this economic crisis, Palin repeated, well, he’s a maverick and the American people trust him – or some drivel to that effect. The woman is a harpy and she’s divorced from reality. At least she had that pastor pray that she would be witchcraft-free though!!
If Palin gets elected, is there a chance for a reprise of the Salem witchcraft trials? Smart money says yes.

Posted by: jon in maryland | September 25, 2008, 11:34 am 11:34 am

Both presidential candidate should be in Washington (as they’re being paid to be) working on this bailout. One of them will have to live with the consequences, so both have a huge stake in being involved.
The fact that Obama wants to avoid voting speaks volumes. And the fact that the Democratic leadership of Reid and Pelosi, not to mention Frank and Dodd, don’t want McCain – or Obama – in on the negotiations speaks even louder.
I’m sick of being talked down to by Obama and the Dems. Have you seen a list of the Senators who were paid off by Fannie/Freddie and Lehman Brothers? Obama is #2 on BOTH lists. Not bad for a Freshman Senator who’s been campaigning half the time he’s been in office. Who oversaw the Financial Committees and could have sounded the alarm? Frank and Dodd, both Dems.
Is this how Obama’s Democratic handlers intend to control him as Prez? Telling him to stay away from Washington and they’ll handle things; “we’ll call you if we need you”? God help us all!

Posted by: marylou | September 25, 2008, 11:34 am 11:34 am

McCain is acting very impulsively. I’d hate to think of his finger on that red button as impulsive as he is.
And who does he think he is, God? He’s going to Washington to work some miracle?
Nothing but politics at it’s worst. McShame.

Posted by: Vicki | September 25, 2008, 11:35 am 11:35 am

Let’s get something straight…if his VP choice was the cake, this debate dodging tactic is the icing….if his VP choice was the gift…this debate dodging tactic is the ribbon. C’mon, McSame…this reeks of George W. behavior…you really screwed the pooch (again!). If I were a (still) a Republican, i would be furious with McSame!!

Posted by: Bethany Donovan | September 25, 2008, 11:35 am 11:35 am

If McCain can’t face Letterman, then how can he face Ahmenijhad??? It’s a good question. Oh wait, he won’t face him, he’ll just BOMB him, Ugh! More debt and dead people on the back of Bush and McCain. When is there ever enough death and destruction for these two???

Posted by: hmn | September 25, 2008, 11:36 am 11:36 am

Following (after, subsequent to) his announcement that he’s suspending his campaign to focus on the financial crisis, Katie Couric interviewed Sen John McCain.
Huh?!

Posted by: hang | September 25, 2008, 11:36 am 11:36 am

Rex, that’s great, maybe we can e-mail her the info….

Posted by: matt | September 25, 2008, 11:36 am 11:36 am

Obama is in Disneyland, finding out how the bailout will affect Goofy.
He should be in DC. Barney Frank helped cause this problem by protecting FANNIE MAE. We can’t let an idiot like Barney Frank decide what we do with $700 billion. Harry Reid is a mob lawyer — two days ago he demanded McCain come to DC, now he says go home. This is insane.

Posted by: Karen | September 25, 2008, 11:36 am 11:36 am

Jake, have you thought of this:
McCain’s let’s-postpone-the-debate idea may not be a real possibility now that Obama has indicated he won’t play ball. But here’s a factor to consider with the proposal itself: by the time the next scheduled (or, as McCain would have it, “first”) presidential debate takes place, 16 states will already be voting. That includes battlegrounds like Iowa, Minnesota, Missouri, Ohio, Virginia, and Wisconsin.

Posted by: BReant | September 25, 2008, 11:37 am 11:37 am

One person here seems presidential, calm & collected, and fit to lead this country, & to quote George Will, it ain’t John McCain.

Posted by: dem in chicago | September 25, 2008, 11:38 am 11:38 am

Paige,
LOL, bring it!
Obama was definitely PRESENT for votes! Priceless…
The reason Obama wants to dodge this is that the money trail leads back to him and his Democrat buddies in Congress. Obama and the Dems tucked their tails and ran when the word “investigation” hit the MSM — before the MSM hacks realized their Lib-Dem buddies ARE the problem, and suppressed any talk about investigating the cause of the economic crisis.

Posted by: Jon Do | September 25, 2008, 11:39 am 11:39 am

STEVE KROFT: What qualifies you to be President of the United States?
BARACK OBAMA: Something that I think I bring to bear to this process is the capacity to bring diverse people together around a common goal. And I think more than anything, that’s what America needs right now: the ability for us to unite around a common-sense, practical, non-ideological effort to solve some very big problems that we face
By Obama’s own words MCCain is qualified. Obama himself is not.

Posted by: geevill | September 25, 2008, 11:40 am 11:40 am

Aengil, in case you didn’t know we have an economic crisis on our hands. This isn’t about Uncle Bob’s bait shop going out of business, this isn’t just our economy, it is global. If you don’t think that is important enough to stop kissing babies for 3 days then you are seriously misguided.

Posted by: samhiguchi | September 25, 2008, 11:41 am 11:41 am

Karen, the only goofy one here is the man that called himself president for the last 8 years, and now you want to put in donald…

Posted by: matt | September 25, 2008, 11:41 am 11:41 am

marylou: “Both presidential candidate should be in Washington (as they’re being paid to be) working on this bailout.”
No, they should not be. They should be keeping in touch with the people who actually are negotiating this bill, not directly involving themselves. They don’t need to be physically there to do that.
Do you really think every senator is involved in the negotiations behind every bill? That wouldn’t even begin to work. Ever hear the expression “too many cooks spoil the broth”?
“Have you seen a list of the Senators who were paid off by Fannie/Freddie and Lehman Brothers? Obama is #2 on BOTH lists.”
By paid off, you mean “received donations from employees” – and in case you were unaware, Obama has received more donations than anyone overall, so of course he’s in the top few for pretty much any company you care to mention. He’s probably received the most donations from Starbucks employees too. Do you think he’s a slave to the barista?

Posted by: Aengil | September 25, 2008, 11:42 am 11:42 am

John Do,
I already corrected myself, you should have read a bit further before reacting.
————————————–
I correct myself, Jon Do seems to think that McCain meditating outside of the Banking and Finance Committee Room will bring peace and understanding to the halls of Congress.

Posted by: Leonard Peltier | September 25, 2008, 11:42 am 11:42 am

McCain revealed in an interview with a Cleveland TV station Tuesday that he hadn’t yet read the administration’s three-page bailout proposal.
“I have not had a chance to see it in writing,” McCain said. “I have to examine it.”
The admission certainly does raise questions about exactly how McCain can rescue the rescue if he doesn’t know what’s in the original bill.

Posted by: McSame | September 25, 2008, 11:42 am 11:42 am

samhiguchi
The fact is that neither will even be allowed in the room where the talks are taking place. Did you know that? This is why Bush helped him out by inviting them both to the Whitehouse. This idiot had admitted that he doesn’t know anything about the economy so tell me, how is he going to help whne this has been going on all week without him? Wake up! It’s a stunt!

Posted by: roxanne | September 25, 2008, 11:43 am 11:43 am

samhiguchi: What, exactly, do you think McCain (who admits he isn’t an expert on economics) can do that he couldn’t also do while campaigning? Please be specific.

Posted by: Aengil | September 25, 2008, 11:44 am 11:44 am

Either McCain or Obama will inherit the consequences of this bailout – they should BOTH be involved in the negotiations.
The fact that Obama doesn’t want to be – and that the Democratic leadership doesn’t want him to be – should be of concern to all taxpayers.

Posted by: marylou | September 25, 2008, 11:45 am 11:45 am

geevill |
Now, I would like your take on this entire week and how Mccain and Palin handled themselves. Go ahead. I dare you!

Posted by: roxanne | September 25, 2008, 11:45 am 11:45 am

I suspect most of you messiah followers don’t have 401Ks that are tanking big time because of this crisis. That’s why you’d be silly enough to want 2 sitting US senators to entertain you with a debate rather than DOING the job they were elected to do and come up with a solution for this mess. Those of us who have life savings that are now in jeopardy don’t give a damn about the debates. These senators need to go back to their day jobs and get this thing resolved.

Posted by: Never Obama | September 25, 2008, 11:46 am 11:46 am

Concerned in Ohio sez:
I think an interesting report would be to compare and contrast Democrat leadership quotes pre-suspension against Democrat leadership quotes post-suspension.
Also Bob Scheiffer reported this morning that it was McCain who got the 3AM call on this crisis from Paulson, and true to his word, he put Country First.
Every thing this country asks of McCain he gives.
————————————–
Is Paulson now playing favorites?
Is the White House politicizing this
catasrophe?
Stay classy there Concerned in Ohio

Posted by: Leonard Peltier | September 25, 2008, 11:46 am 11:46 am

FACE IT EVERY LAST ONE OH THESE POLITICIANS DO NOT HAVE A CLUE WHAT TO DO. NOT ONE OF THEM WAS WATCHING THE STORE THAT GOES FOR OBAMA AND MCCAIN PERIOD

Posted by: natale from mass. | September 25, 2008, 11:46 am 11:46 am

Messiah Obama can do no wrong – just keep bundling that money and sending it to him. He knows nothing will be expected in return LOL!!

Posted by: marylou | September 25, 2008, 11:46 am 11:46 am

It seems REALLY funny to me that McCain has done all this:
he attended Bill Clinton’s little gala today he was supposed to be in washington as of late yesterday afternoon, then running to do an interview with Katie Couric, and meeting with a Rothchild, and many other things…
But he cannot make the debate?
Plus, says he is suspending campaigning? Wow, he must think we are all stupid.
He is running scared…

Posted by: formerhillary | September 25, 2008, 11:46 am 11:46 am

Natalie,
see whats happened is that the Republicans just gave birth to a socialist government, but they won’t let the Dems nursemaid the infant.
LOL

Posted by: Leonard Peltier | September 25, 2008, 11:47 am 11:47 am

Marylou….at least we get some honestly. Do you think McCain has been honest…NOTTA…
Plus, McCain is getting hi money from his wife….

Posted by: cindyct | September 25, 2008, 11:48 am 11:48 am

What exactly is McCain going to do in Washington??? He is Politicizing a bi-partisan bill. He is not part of the committees that will ultimately come up with the plan. This is just such a lame move by McCain and its already backfiring. Obama is too smart for McCain, hes response was perfect.

Posted by: Sense | September 25, 2008, 11:50 am 11:50 am

natale…when de-regualation went into effect the Reps were in power with a Rep president and Congress….put the blame where the blame lies.

Posted by: newvoter | September 25, 2008, 11:50 am 11:50 am

Obama is afraid to debate McCain, If Obama wanted to debate he would of agreed on the postponement.
Obama it should be America First Party and Politics last!
Debates are useless anyhow, we already know where the candidate stands.
McCain has shown leadership and Obama has shown cowardice!
Mind you I do not agree with the bailout!
For those who do not understand, right now Obama is the head of the democrat party and McCain the head of the Republican party. The heads of the parties should be present.
I know to Obama all he does is vote present anyhow and we are probably better off he does not go.
Oh by the way since he stated if they call him he will come, well Pres. Bush has called on him to come, lets see what he does!
Bethany Donovan – if Obama would not shy away from debates how come when when he was running in the primary he stated that he would want a bunch of townhall debates with the Republican candidate thru the summer, then when McCain got the nomination he asked Obama for the debates and offered to pay for his flight and Obama ran away from the debates!!
Obama is a whining cry baby and its all about him!

Posted by: spock | September 25, 2008, 11:50 am 11:50 am

McCain has no clue about the economy and so it’s all about bells, whistles, shiny objects, drama queen spectacles and propaganda at this stage of his campaign.
And in McCain’s rattled head, he tells himself that he’s pure because he once offered a series of public debates with Obama and Obama turned him down. That’s enough for McCain to launch into this totally bizarre and unstable fall campaign.
If he is in panic now, what to expect from him as a President when a crisis emerges? Total hysteria? Uncontrolled anger?

Posted by: The Unstable Candidate | September 25, 2008, 11:50 am 11:50 am

“Either McCain or Obama will inherit the consequences of this bailout – they should BOTH be involved in the negotiations.”
No. They should work through the people already involved in the negotiations. Forcing themselves directly into the middle of negotiations they would not ordinarily be involved with is a recipe for disaster.
Please note, no-one is saying they should ignore the issue. They should certainly be keeping themselves informed and talking regularly with those involved with the negotiations. But there is a world of difference between that and actually showing up.
If they can’t manage to work indirectly through those actually involved in the negotiations, then they are incapable of being President. The President has to do that – they can’t be everywhere.

Posted by: Aengil | September 25, 2008, 11:51 am 11:51 am

Jake, EVERYTHING is politics right now! John McCain’s campaign suspension was pure politics. His demands for bipartisanship are pure politics. His claims that the bill is not nearly there yet, while reporting suggests that the bill is substantially complete, are pure politics.
Bush himself escalated this issue and inserted Presidential politics into this matter by calling Obama back to Washington for a photo op at the White House–clearly a move to provide John McCain cover on the albatross of legislation bailing out the credit industry.
Really, you can put your snide comments aside. This is the most political moment in decades. Every side is jockeying for political advantage. It couldn’t happen any other way in an election year.

Posted by: ChrisNBama | September 25, 2008, 11:52 am 11:52 am

Yes, well, that is Obama. The ME FIRST, ALL FOR MY CAREER, candidate. Leader of the me first party supported by the me, myself and I Obamabots, the socialist-democrats.

Posted by: Leader of the me me me | September 25, 2008, 11:53 am 11:53 am

newvoter – What de-regulation, this all happened becasue of the bad loans the banks had to give because of a law written by Carter and then made more tougher by Clinton, the banks were forced to give loans to people that otherwise would not be eligible for one.
This happened because the Government got involved.

Posted by: spock | September 25, 2008, 11:53 am 11:53 am

Pure and simple the McCain campaign is trying to use this to hide something. Either a McCain health issue or this is an attempt to get the VP debate postponed or canceled because the Palin debate prep is going poorly. Look at the interview with Kati Kouric she did. When asked about the Rick Davis Fannie Mae connection Palin gave an obviously pre planned answer. No problem at all with that, its how its done. BUT when asked a follow up she hesitated, looked strained then repeated the exact same quote in a tone of voice clearly showing she was just repeated words. No attempt to even sound different. She looked bad, very bad. Not a good omen for an unscripted debate performance. If getting the VP debate tossed is what McCain is REALLY after?

Posted by: DMR | September 25, 2008, 11:53 am 11:53 am

marylou, I not sure if you noticed, but the current president is REPUBLICAN, and when the poo hits the fan, he gets all the blame, and when it’s good he gets all the credit, and this guy has no credit comming….

Posted by: matt | September 25, 2008, 11:53 am 11:53 am

What do you expect from a dirty Chicago politician.

Posted by: Mack | September 25, 2008, 11:54 am 11:54 am

Obama is afraid to debate McCain, If Obama wanted to debate he would of agreed on the postponement.
————————————–
The logic here is… well…

Posted by: Leonard Peltier | September 25, 2008, 11:54 am 11:54 am

McCain not appearing on David Letterman was probably the equivalent of Obama not appearing on Saturday Night Live two weeks ago as Hurricane Ike came ashore.
Speaking to the national media (Couric) regarding a national crisis is one thing, appearing on a variety/comedy/talk show while the crisis is looming, quite another.
McCain had stated yesterday during his press conference that he would return to Washington today AFTER he spoke at Clinton’s Global Initiative.

Posted by: SandyB | September 25, 2008, 11:54 am 11:54 am

The MSM is really angry at McCain for talking about blowing off the debates. Why? Because it upsets their infotainment scheduling. The MSM could care less what happens to the country, as long as they get to televise it, and as long as it sticks to schedule.
Pathetic.
Another thing. The MSM wants to control the narative. Obviously, they can do that with Obama because he is their creation. McCain, however, does not stick to anyone’s script. This really aggravates them.
First, McCain picks Palin without first allowing the MSM to vet her. Now he wants to delay a debate, just when the MSM is all geared up for it.
Keep it up Big John. Keep making the MSM look like idiots.

Posted by: David H | September 25, 2008, 11:55 am 11:55 am

What a surprise McCain agrees with the president once again and now he is politicizing this non partisan debate.
Go debate and take your medicine old man.
What a terrible campaign McCain is running. How can America take him seriously.

Posted by: Sense | September 25, 2008, 11:55 am 11:55 am

RE: Concerned in OH
“Dems Ready Attack Ad on McCain’s ‘Health’…” Up on Drudge.
You stay classy Democratics.”
Drudge… hmmm,..
..you sound a lil bit worried OH, something about McCain’s health you’d like to share with us?
Mission Accomplished

Posted by: Rex | September 25, 2008, 11:55 am 11:55 am

SandyB,
He stiffed Letterman and then shows up for Couric after saying he had a pressing engagement in D.C.
spin that one.

Posted by: Leonard Peltier | September 25, 2008, 11:56 am 11:56 am

Jake, as I remember it was McCain who wanted to halt the Campaign not Obama, so why does Obama have to play by McCains Rule.
While McCain said he has halted his Campaign he still has his Surrogates out at FOX trashing Obama. He is still running his ads.
McCain is a Joke reacts with Knee Jerk policies, and risky behavior.
Can McCain chew gum and wal;k at the same time?

Posted by: Thinking | September 25, 2008, 11:56 am 11:56 am

A gimmick, a stunt by McCain
to blunt his rapid slide in
the polls. A friend of
lobbyists, big oil and big
business, McCain’s response
to middle-class Americans
has always been Drop Dead.

Posted by: anon | September 25, 2008, 11:57 am 11:57 am

WHy is the McCain campaign STILL running ads, STILL having Nancy Pfotenuer (it’s senior economic adviser) doing campaign events, and attacking Obama and Biden on Fox, and why is Sarah Palin still campaigning in PA? I thought the campaign was suspended.
SUSPENDED? NOPE – that was just a made up thing to fool the media into thinking they were suspending…

Posted by: David | September 25, 2008, 11:57 am 11:57 am

Jake …Obama never said he could not multi task, McCain did!

Posted by: jim | September 25, 2008, 11:57 am 11:57 am

If he wanted to get all serious and mavricky on Letterman and use it as a platform to discuss how we all need to come together for a solution, I think Letterman would have obliged.
Not an acceptable excuse.

Posted by: Leonard Peltier | September 25, 2008, 11:58 am 11:58 am

Both of them still earn a salary as Senators. Both should be there if everyone else is.

Posted by: david | September 25, 2008, 11:58 am 11:58 am

Why is the Press Secretary, saying McCain called the President, after talking to Obama, yet McCain said he talked to Obama, just before making his, ‘Stall the Debate Speech’? Who is lying now? McCain or the Press Secretary? Is this turning into a Republican Circus? Is Bush hoping McBush will wear his pants?
America needs to go through both videos again.
Press Secretary Speech 11:39 am Today.
McCains ‘Stall’ speech yesterday.
I still want to know if McCain will do as Bush asks, and help Middle America? Or will he give in, to the Republicans, and continue to tank, Middle America? Either way, he becomes a ‘Mission Accomplished’ Bush. Or a Capitolist Bleeder. Either way McCain did say, As of this morning,I will not be campaigning…’, during his campaign speech. McMulti-Face, once again, confusses America with Double Talk speech. Is he now taking on Obamas Platform, of helping Middle America? Or will he continue to help only 5% of Capitolists? Will Black Gold continue lining his pockets? Will Rick Davis watch the Debate from prison? McCains ‘Hail Mary Pass’ was intercepted by Obama. Question now is, can Obama score a touchdown, or will McFumble make a tackle?
Come on Bush, Make McCain help Middle America. I want to hear ‘Mission Accomplished, this week.
Still vote ‘No’, to McWhere is Palin?

Posted by: historyforgotten | September 25, 2008, 11:59 am 11:59 am

Why McCain would want to be on Letterman is beyond me.
He’ll get the same respect he got on “The View”
Walters tells Obama that Obama is sexy and then cannot look McCain in the eye when talking to him.
Goldberg asks McCain if she has to worry about slavery returning if McCain is elected.
What cretins.
The same for Letterman.

Posted by: drjohn | September 25, 2008, 11:59 am 11:59 am

Never…you apparently don’t understand the process. The economic committee really has nothing to do with either Obama or McCain. They cannot testify. They can attend the meeting and listen, but they were not supeonia to testify.
They can vote when the measure is send to the Congress. This is just crap to make McCain look like he is taking control. He cannot take control unless he is in the committee, and then the chair would have to yield to him…DAA

Posted by: cindyct | September 25, 2008, 12:00 pm 12:00 pm

NEW VOTER DO YOUR HOMEWORK BETTER YOU JUST GOT WELL LETS JUST SAY IT (F) I HAVE BEEN VOTING FOR A LONG TIME IM DIGUSTED WITH BOTH SIDES.

Posted by: natale from mass. | September 25, 2008, 12:00 pm 12:00 pm

Okay, I am just reeeeally curious about what happens tomorrow. Very exciting game of chicken, I think. If McCain shows up, he may look like he is back-tracking. If he doesn’t, Obama may look petulant if he decides to make a speech and whine about how McCain didn’t show.
The suspense is killing me!

Posted by: Wade | September 25, 2008, 12:01 pm 12:01 pm

drjohn
re: “I would also bet that Obama has already been given the questions for the debate by the press.”
yeah,,,it would take a fortune teller to guess what questions will be asked by the press in Presidential debates..

Posted by: Rex | September 25, 2008, 12:01 pm 12:01 pm

I still want to know if McCain will do as Bush asks, and help Middle America?
by History
Yeezzz, when did Bush EVER help middle America? I want an answer…

Posted by: formerhillary | September 25, 2008, 12:03 pm 12:03 pm

am i allowed to post?

Posted by: sokadija | September 25, 2008, 12:03 pm 12:03 pm

wait, so McCain’s people are still going on teevee attacking Obama, his ads are STILL running in battleground states, and ol’ Grumpy is making political speeches at the CGI?
Please, this is just such a joke.

Posted by: Tungsten | September 25, 2008, 12:03 pm 12:03 pm

Wade,
Obama will get an hour of free air time with millions of viewers where he can take questions and look presidential.
I seriously advise McCain to show up.

Posted by: Leonard Peltier | September 25, 2008, 12:03 pm 12:03 pm

u know what lets make this even more fun – bring back ross perot

Posted by: sokadija | September 25, 2008, 12:04 pm 12:04 pm

McCain is a deregulator and massive deregulation which amounts to removing teh rules that govern how we do business is what led to this crisis. McCain is an advocate of a completely free market and now blames Wallstreet for being greedy once the rules were removed by a Republican administration.
Obama on the other hand understands that we need regulation to protect consumers and prevent big business from ggaming the system.
Republican economic philosophy that McCain subscribes to have put this country in a dire situation.

Posted by: Wayne | September 25, 2008, 12:05 pm 12:05 pm

All the networks want is the limelight of the debates. They’ve spent a lot of money setting the first one up. Everyone acts like they want cheap entertainment. I’m not impressed with Letterman either. Did you listen to Bush last night? Do you understand what could happen if congress adjourned and did nothing? That would be pure politics and everyone would pay. Debates are down the list of priorities unless you’re a big network money grabber or a cheap shot TV night show host.

Posted by: Michael G. Bradford | September 25, 2008, 12:05 pm 12:05 pm

Bush Makes Scary Speech.
How presidential in an economic crisis.
GIVE US YOUR MONEY NOW.

Posted by: Leonard Peltier | September 25, 2008, 12:07 pm 12:07 pm

“Why McCain would want to be on Letterman is beyond me.”
Is it also beyond you why McCain would announce his candidacy on Letterman too?

Posted by: In the dark | September 25, 2008, 12:07 pm 12:07 pm

HP Boston
so.. as the polls show disaster for MCain..
first McCain changes his positions on an hourly basis…then he states that he can’t do 2 things at the same time, then… as he and Palin are woefully unprepared for the debates he wants to cancel them……but… then he says he’s suspending his campaign but he still makes speeches and Palin still campaigns,.. then… he kneels down in front of Bush for some casual booty kissing… and says that he’s goin’ to DC to save the day, while Bush looks like a ‘moose in the headlights’
H.P. darlin’.. methinks you doth protest too much
Misson Accomplished

Posted by: Rex | September 25, 2008, 12:08 pm 12:08 pm

All year long, we have been hearing McCain worship his top 5%, with Rick Davis at his side.
Now, this week, he is taken Obamas stance for Middle America AND GREEN ENERGY. It is about DARN time. The only question now is, how much would Palin fight his views. I bet McCain talks her into taking his stance. Middle Eastern Capitolist beliefs, have this thing for, women are to be seen, not heard. So far McScooby Snack, has shown Palin, but tells her ‘QUITE’. Strange year, in America.
Vote ‘Yes’ to Democracy
Vote ‘No’ to Capitolist Dictatorship

Posted by: historyforgotten | September 25, 2008, 12:08 pm 12:08 pm

ANCHOR: As for the massive Wall Street bailout McCain insists it have…
JSM: Oversight that is effective and transparent. We need people like Warren Buffet and Mike Bloomberg and Mitt Romney to have an oversight of this. We can’t put that responsibility in the hands of one person.
ANCHOR: The crunch question. Would you vote for it as it’s presently constructed?
JSM: I have not had a chance to see it in writing so I have to examine that.
—————————————-
This plan is 3 pages long. What does it take to get him to read something.

Posted by: Leonard Peltier | September 25, 2008, 12:09 pm 12:09 pm

This was the golden opportunity for Obama to show America he is everything he claims to be. His whole campaign is built around pretending to be the guy who can bring everyone to the table and solve problems.
When the time came he wet his pants.

Posted by: geevill | September 25, 2008, 12:09 pm 12:09 pm

“Debates are down the list of priorities unless you’re a big network money grabber or a cheap shot TV night show host.”
OR if you’re an undecided voter. Block the debates, block the press, let them vote on our merits and campaign slogans alone.

Posted by: In the dark | September 25, 2008, 12:09 pm 12:09 pm

>Why McCain would want to be on Letterman is beyond me.
Umm.. maybe because Letterman used to believe McCain was a true American Hero before McCain outright lied to him. Maybe because McCain announced his presidential campaign for 2008 on Letterman when Letterman had him on the show and no one else was taking him seriously early in the campaign?

Posted by: Hacky | September 25, 2008, 12:09 pm 12:09 pm

Rick Davis, John McCain’s campaign manager, has remained the treasurer and a corporate director of his lobbying firm this year, despite repeated statements by campaign officials that he had ended his relationship with the firm in 2006, this, according to corporate records.
He’s taken over 2 million dollars from Freddie Mac!
Another McSame operative, Phil Gramm – the man who called Americans whiners, in October 1999, when Senate Republicans led by him were deep in negotiations on key legislation to deregulate the banking industry, McCain was at a primary debate in New Hampshire touting the benefits of such a measure.
“There’s a number of reasons why we are experiencing this almost unprecedented prosperity,” McCain said back then. “Among them are a lack of regulation, free trade, and most importantly, we are going through a revolution the likes of which the world has seldom seen.”
The gig is up McLame!

Posted by: GS | September 25, 2008, 12:10 pm 12:10 pm

maybe McCain Palin can become;
Moose & Squirrel
Mission Accomplished

Posted by: Rex | September 25, 2008, 12:10 pm 12:10 pm

Hacky,
Thank you for that moment of insight.
I swear he treats everything like a one night stand.

Posted by: Leonard Peltier | September 25, 2008, 12:11 pm 12:11 pm

Obama: “-Hell, no! The debate must go on! I haven’t spent all these days locked up in a hotel room in “Uh, uh, uh” Rehab for nothing! All that complicated stuff they made me memorize about foreign policy and the economy is going to fade away pretty soon! Crap, I am already forgetting most of it, since I don’t care! Just get me elected already, so I can go back to the beach in Hawaii!”

Posted by: Rick | September 25, 2008, 12:11 pm 12:11 pm

Hmmm… does a suspension include Nancy Pfotenhauer talking about Biden and Obama’s foreign policy on Fox?

Posted by: greg | September 25, 2008, 12:11 pm 12:11 pm

If McCain doesn’t show up, the
program should still go on
with moderators asking
questions on the originally
scheduled topic Foreign Policy.
McCain has long ceased to be
productive senator he only
taking up space and using up
oxygen in the Senate Chamber.

Posted by: anon | September 25, 2008, 12:13 pm 12:13 pm

Rick seems to think that one of the candidates has a memory problem.

Posted by: Leonard Peltier | September 25, 2008, 12:13 pm 12:13 pm

Leonard:
Well, the original U.S. Constitution ALSO said that women could not vote, nor could anyone under the age of 21.
AMENDMENTS came along to the Constitution that BANISHED slavery; gave WOMEN the right to vote; and gave 18-YEAR-OLDS the right to vote.
How come none of the feminists on The View panel were worrying about losing their right to vote due to a STRICT interpretation of the Constitution???
And just Whoopi was “worrying” about going back into slavery??
I guess Obama, the “Constitutional Attorney” didn’t bother to explain that process to Whoopi the day they held his lovefest on the program.
The answer to all of these questions:
It’s ALWAYS the Dems playing the “race” card.

Posted by: SandyB | September 25, 2008, 12:15 pm 12:15 pm

Nancy Pfotenhauer , well she’s a real piece of work, watch her ,when she starts to lie she can’t keep a straight face… she starts to flash a big ‘I can’t believe I just said that’ grin…

Posted by: Rex | September 25, 2008, 12:15 pm 12:15 pm

McCain is slipping in the polls and growing desperate.
Now he’s trying to leverage the Republican WhiteHouse in a mutually coordinated effort to boost his own standing with the public.
This is another flailing political stunt that the American people aren’t going to buy.
Not this time McRove !
———————————-
Why would America REWARD complete Republican failure ?
We wont.

Posted by: PulSamsara | September 25, 2008, 12:16 pm 12:16 pm

hmn If McCain can’t face Letterman, then how can he face Ahmenijhad???
Wow, what a stupid and ridiculous statement!!! Letterman is a joke.. So what McCain skipped his boring a## show big freaking deal!!!

Posted by: kc | September 25, 2008, 12:16 pm 12:16 pm

Hey McChicken,
You can runaway, but you can’t hide. Tomorrow if you are so busy you SAY you can’t debate, then I am sure the Networks will have a video crew following you around every minute of the day and night…
So you better have some bogus meetings lined up, because you are not a member of the committee doing the bailout deal and they aren’t going to let you into the room!!!
You just look PATHETIC now McCain and afraid to debate Obama!!!
ALL THE AMERICAN PEOPLE CAN SEE – EVEN LETTERMAN WHO YOU CACELLED ON LAST NIGHT!! You lied to him to and said you needed to get on a plane to Washington “right away.”
Then he caught you doing an interview with Katie Couric, didn’t look good you liar…

Posted by: Davis | September 25, 2008, 12:18 pm 12:18 pm

“It’s ALWAYS the Dems playing the “race” card.”
As opposed to the GOP, who would never dare play the SEX card

Posted by: In the dark | September 25, 2008, 12:18 pm 12:18 pm

Let the program go on. Let
moderators ask BO questions
on the scheduled topic
Foreign Policy.
McCain is free to keep his
campaign suspended until
after election day.

Posted by: anon | September 25, 2008, 12:19 pm 12:19 pm

McCain was asked to come back to washington by the treasury secretary Paulson.
McCain put his country first before himself.
McCain cancelled letterman, cancelled a fox interview, is taking down his ads.
Obama always puts himself before the country.
Reid and Pelosi were calling for McCain to come back. The dems are being hypocrtical.

Posted by: Jeff | September 25, 2008, 12:19 pm 12:19 pm

Time:
“Debate planners at the University of Mississippi will hold a presser shortly on Friday night’s planned event.’
Want to bet that it is canceled? The only question is will they be willing to redo it? I think not.

Posted by: Thinking | September 25, 2008, 12:19 pm 12:19 pm

on tuesday mccain had yet to read paulsons three page proposal
suddenly on wednesday its a crisis
now we need to move the presidential debate to where the vp debate is, and then reschedule the vp debate for…
well…
a later undisclosed date…
say after nov 4

Posted by: Bhrandon | September 25, 2008, 12:20 pm 12:20 pm

John Do – “LOL” I’ll “Bring it” I’ll “bring you some education regarding the Illinois State Legislature.
The “present” vote in Illinois is sometimes cast by state lawmakers with a conflict of interest who would rather not weigh in on an issue. Other times, members use the option to object to certain parts of a bill, even though they may agree with its overall purpose.
The ‘present’ vote is used not as a means of avoiding taking a position on an issue, but as a means of signaling concerns about an issue”
Obama voted present 129 times out of 4000 votes
Obama sponsored 820 Bills in the Illinois State Legislature and was praised in Illinois for his legislative abundance.

Posted by: Paige | September 25, 2008, 12:20 pm 12:20 pm

spock:
re: “For those who do not understand, right now Obama is the head of the democrat party and McCain the head of the Republican party. The heads of the parties should be present.”
last time I checked… Bush (republican) was still President and Cheney was still V.P.

Posted by: Rex | September 25, 2008, 12:20 pm 12:20 pm

Barack Obama: All for me and me for me.

Posted by: USVet | September 25, 2008, 12:21 pm 12:21 pm

So has Obama suspended his fundraising now that the economy is down the toilet or is he still trying to hit the half a billion dollar mark?

Posted by: Maria | September 25, 2008, 12:21 pm 12:21 pm

McCAIN IN FREEFALL IN POLLS AFTER TRYING TO CHICKEN OUT ON DEBATE!!!
Suspend your campaign??? Why can’t Palin handle your campaign for you while you are in Washington “saving” everything???
Oops I forgot, you won’t let her talk to the press – because as we can all see from the KC interview on CBS last night, that SHE IS DUMB AS A ROCK!!

Posted by: Davis | September 25, 2008, 12:22 pm 12:22 pm

McCain is proving over and
over he is the most
rattlebrained candidate
ever to run for POTUS.

Posted by: anon | September 25, 2008, 12:23 pm 12:23 pm

The deal will pass tomorrow night while Obama is debating Palin in Miss.

Posted by: s.b. | September 25, 2008, 12:24 pm 12:24 pm

When you drop in the polls , you have to grab any thing for headlines , I didnt see a great emergency when he was cooking ribs on Racheal Ray the other day .HE forgot to mention that he is not on any commitee, and they meet behind closed doors , and McCain is not allowed inside , do your job media tell the people the truth , what another grandstand for MaGoo, country first, what a joke this man is.

Posted by: beck | September 25, 2008, 12:25 pm 12:25 pm

This is the TIME for Obama to show if he really has the ability to lead or is just talk. SO FAR HE IS just words

Posted by: smith mr | September 25, 2008, 12:25 pm 12:25 pm

So has Obama suspended his fundraising now that the economy is down the toilet or is he still trying to hit the half a billion dollar mark?
Posted by: Maria | Sep 25, 2008 12:21:55 PM
======================================
I will give up putting gas in my car this week to give money to Obama…
If that is what I have to do to keep McInsane and Caribou Barbie out of the White house, I will do just that!!!
McChicken, you are just an embarrassment to the office of the presidency – Suspend your campaign??
What a pathetic JOKE YOU ARE!!!

Posted by: Davis | September 25, 2008, 12:25 pm 12:25 pm

So this Wall St. crisis is more important to John McCain than any of the natural disasters our fellow Americans have been victimized by in the past few years? Did he stop what he was doing during the California wildfires & get out there? Did he leave the comfortable confines of his home to go to New Orleans when Katrina hit? Did he push legislation to help them? I don’t recall seeing him down on the Gulf Coast after Ike reeked havoc. I agree, this economic crisis needs the attention of both Obama & McCain, but it doesn’t require their IMMEDIATE attention. There’s no need to postpone the debate. Obama’s & McCain’s presence is not going to make a difference in or expedite this situation one way or the other by Friday.

Posted by: Dee Tee Gee | September 25, 2008, 12:26 pm 12:26 pm

The Governor of Mississippi says the debate will go forward. May-be Obama will take Bob Barr up on his offer and debate him since McCain can not do more than one thing at a time.

Posted by: Paige | September 25, 2008, 12:26 pm 12:26 pm

Jeff
first off, paulson didnt call for mccain to come back… please get your facts straight
also mccain did cancel letterman, but he then went and interviewed with katie couric
and he never left new york last night, he never even went to DC…
mccain ahs not taken down his ads it is confirmed they are still running,
he is also still sending out surrogates to cable news shows, his campaign is still holding conference calls and sending out messages to the media
this is just a political stunt to try to save his faultering campaign
obama called him in the morning mccain called him back they agreed to a join statement
mccain decided to try to one up obama by playing this political card
and yet, last week the economy was strong
mid week, we werent going into a recession
suddenly 8 days later its such a massive catastrophy that eveyrthing needs to get suspended, but most importantly, the vp debate should get cancelled
this is pathetic, the bill is almost 98% done,
i ask you right now what is mccain doing, hes not in any private meetings with the people who are figuring this stuff out
he hasnt even contacted chris dodd who is the leader on this to even findout what has been going on…
there was no interest in this crisis up until late afternoon yesterday
he cant debate? 90 minutes on his strong suit is osomehow impossible to do?
he isnt doing anything on the hill today.. all the decisions are being made without him
this so pathetic.. mccain has some kind of complex or mental issues or something
unfit for the presidency

Posted by: Bhrandon | September 25, 2008, 12:26 pm 12:26 pm

a better plan?
(with tongue firmly planted in cheek)
I’m against the $85,000,000,000.00 bailout of AIG.
Instead, I’m in favor of giving $85,000,000,000 to America in a ‘We Deserve It Dividend’.
To make the math simple, let’s assume there are 200,000,000 bon-a-fide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billon that equals $425,000.00.
My plan is to give $425,000 to every person 18+ as a ‘We Deserve It Dividend’.
Of course, it would NOT be tax free. So let’s assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket. A husband and wife has $595,000.00.

Posted by: jeru | September 25, 2008, 12:26 pm 12:26 pm

Hey, Tapper,
Obama hasn’t suspended his campaign-
nor should he.
Not everyone shares your own willingness to dance to whichever tune McCain calls.

Posted by: tosser | September 25, 2008, 12:27 pm 12:27 pm

“this is just a political stunt to try to save his faultering campaign”
Faltering campaign? They’re down by 3 points in Rasmussen and Gallup.

Posted by: Mack | September 25, 2008, 12:28 pm 12:28 pm

This just shows that Obama would rather have the economy go into destruction to win an election as McCain has been saying all along about Obama.

Posted by: smith mr | September 25, 2008, 12:28 pm 12:28 pm

JUST LOVE IT!!!
I just love to see all the Republican trolls scrambling and squirming around – just trying to justify McChickens latest dumb move…
What a PATHETIC JOKE YOU PEOPLE ARE!!!!!
This is just like when that fool Perot quit back in 1992!!!

Posted by: Davis | September 25, 2008, 12:28 pm 12:28 pm

BO needs to do the debate before he forgets what he has studied for. I say let the debate go on, but change it to an economic debate.

Posted by: Irish Gal | September 25, 2008, 12:29 pm 12:29 pm

palin will suspend her campaign as well because it woudl be hard not to answer questions if shes the only one out there
oh, but she will attend the fundraisers set up for her
pathetic

Posted by: Bhrandon | September 25, 2008, 12:30 pm 12:30 pm

“This just shows that Obama would rather have the economy go into destruction to win an election as McCain has been saying all along about Obama.”
That is exactly it. As long as the economy is in trouble he believes that he has the advantage. There is no incentive for him to cooperate to help put the economy back on track. He is a shallow narcissist, just like his celebrity pals.

Posted by: Mack | September 25, 2008, 12:32 pm 12:32 pm

McCain goes into suspended
animation hoping he can
later resume his campaign.
That’s not going to happen.
His campaign is dead. It
cannot be resuscitated.

Posted by: anon | September 25, 2008, 12:33 pm 12:33 pm

mack:
more than just Rasmussen and the other polls… the trend is bad for yer boy
* 9/25: Hotline/Diageo Pres-Tracker: Obama 47%, McCain 43%
* 9/25: Rasmussen Pres-Tracker: Obama 49%, McCain 46%
* 9/25: Res. 2000 Pres-Tracker: Obama 49%, McCain 43%
* 9/24: Gallup Pres-Tracker: Obama 47%, McCain 44%
* 9/25: SurveyUSA PA: Obama 50%, McCain 44%
* 9/25: Res. 2000 WI: Obama 49%, McCain 43%
* 9/25: Rasmussen NC: Obama 49%, McCain 47%
* 9/24: LAT/Bloomberg Pres: Obama 49%, McCain 45%
Mission Accomplished

Posted by: Rex | September 25, 2008, 12:33 pm 12:33 pm

Is Obama bitter?
Clinging to the Friday debate instead of actively engaging in resolving the worse financial crisis since the Great Depression?

Posted by: Captain America | September 25, 2008, 12:34 pm 12:34 pm

How many times has McCain called ‘time out’ when a crisis occurs. Hurricanes? Financial crisis? Sick kids? We need a steady hand not a freaked out reactionary. George Will was right. McCain doesn’t have the temperament to be the Commander in Chief. I don’t want someone so easily spooked to have his finger on “The Button”.

Posted by: thebob.bob | September 25, 2008, 12:34 pm 12:34 pm

“Mission Accomplished”
Hardly.

Posted by: Mack | September 25, 2008, 12:34 pm 12:34 pm

It wasn’t just the congressional leaders who said they wanted McCain there to straighten the Republicans out.
Feedback from the AMERICAN PEOPLE indicated that a majority of Americans WERE NOT in favor of the bail-out as proposed by Bush either.
Time to remember who these people REALLY work for and have them figure out a plan that the majority of Americans can live with.

Posted by: SandyB | September 25, 2008, 12:35 pm 12:35 pm

“a better plan?
(with tongue firmly planted in cheek)”
I like your plan the best.

Posted by: Mack | September 25, 2008, 12:37 pm 12:37 pm

“…when Paulson took over Goldman Sachs in 1999, they had $20 billion in debts. When he—in these high-risk gambles. When he left, they had $100 billion, which means he took their risk level from $20 billion to $100 billion. So it is absolutely no exaggeration to say that Henry Paulson, far from speaking for Main Street, is actually bailing out his colleagues for some of the very debts that he himself accumulated. This is an extraordinary conflict of interest.”

Posted by: McHooverville | September 25, 2008, 12:39 pm 12:39 pm

McCain has been ready and willing to debate for months, so he’s hardly “chickening out” now. Obama’s in a panic over postponing it because the notes he inked on his arm during his cram session are fading.
And whoever is elected president will have to deal with the repercussions of the terms of this bailout, so it only makes sense for them to be involved in the process. Apparently Obama’s too dumb to figure that out. I just hope McCain brings James Galbraith with him (see JG’s op-ed piece in today’s Washington Post).

Posted by: Suzette | September 25, 2008, 12:40 pm 12:40 pm

Well the Debate goes on the hosts say. They plan to continue, they said they have no inside information that McCain would be there. Reports are that Obama will make it a Town Hall event if McCain doesn’t show.

Posted by: Thinking | September 25, 2008, 12:41 pm 12:41 pm

McCain if allowed into
the discussions on the
bailout would probably
keep interjecting with
“I am fundamentally a
deregulator” and “The
economic fundamentals
are good.”

Posted by: anon | September 25, 2008, 12:41 pm 12:41 pm

Keep McCain out if he shows
up late. Let BO and the
moderators do Foreign Policy.

Posted by: anon | September 25, 2008, 12:44 pm 12:44 pm

Oh, so NOW Obama will do a Town Hall WITHOUT McCain?
Priceless.

Posted by: SandyB | September 25, 2008, 12:44 pm 12:44 pm

Oh, so NOW Obama will do a Town Hall WITHOUT McCain?
Priceless.
——————————
He can come if he wants to.

Posted by: Leonard Peltier | September 25, 2008, 12:45 pm 12:45 pm

Why is the Press Secretary, saying McCain called the President, after talking to Obama, yet McCain said he talked to Obama, just before making his, ‘Stall the Debate Speech’? Who is lying now? McCain or the Press Secretary? Is this turning into a Republican Circus? Is Bush hoping McBush will wear his pants?
America needs to go through both videos again.
Press Secretary Speech 11:39 am Today.
McCains ‘Stall’ speech yesterday.
I still want to know if McCain will do as Bush asks, and help Middle America? Or will he give in, to the Republicans, and continue to tank, Middle America? Either way, he becomes a ‘Mission Accomplished’ Bush. Or a Capitolist Bleeder. Either way McCain did say, As of this morning,I will not be campaigning…’, during his campaign speech. McMulti-Face, once again, confusses America with Double Talk speech. Is he now taking on Obamas Platform, of helping Middle America? Or will he continue to help only 5% of Capitolists? Will Black Gold continue lining his pockets? Will Rick Davis watch the Debate from prison? McCains ‘Hail Mary Pass’ was intercepted by Obama. Question now is, can Obama score a touchdown, or will McFumble make a tackle?
Come on Bush, Make McCain help Middle America. I want to hear ‘Mission Accomplished, this week.
Still vote ‘No’, to McWhere is Palin?

Posted by: historyforgotten | September 25, 2008, 12:45 pm 12:45 pm

“And whoever is elected president will have to deal with the repercussions of the terms of this bailout”
Barry will delegate that responsibility to his 300 advisers.

Posted by: Mack | September 25, 2008, 12:45 pm 12:45 pm

SandyB
re: “so NOW Obama will do a Town Hall WITHOUT McCain?”
actually the symbolism would be great, Obama speaking in great depth on the issues..
an empty chair … representing McCain and Republican empty policies
Mission Accomplished

Posted by: Rex | September 25, 2008, 12:47 pm 12:47 pm

“Oh, so NOW Obama will do a Town Hall WITHOUT McCain?
Priceless.”
More like a Parthenon Hall meeting.

Posted by: Mack | September 25, 2008, 12:48 pm 12:48 pm

“actually the symbolism would be great, Obama speaking in great depth on the issues.. ” that personally affect his campaign.

Posted by: Mack | September 25, 2008, 12:49 pm 12:49 pm

“Political Stunt” first McCain is incredibly selfish and desperate, he barged in and disrupted the process of getting an important and critical bill passed. He came in and politicized the whole thing, exactly at a time when it was least needed. This selfish, greedy man thinks only about himself. He dragged Palin into the campaign to get a few white women votes, in spite of knowing clearly that she was not ready. Since when did being maverick mean being selfish ?

Posted by: Ashley | September 25, 2008, 12:50 pm 12:50 pm

The bush adminstration in 4/2001 raised red flags, the 2002 budget requests declares Fannie Mae and Freddie Mac
“Potential problem.. and can cause strong repercussions in the financial markets”
In 2003 the White House upgraded the warning to a systemic risk that could spread beyond the housing sector.
John Snow Treasury Secretary called for Regulations & Supervision of GSE’s.
Barney Frank (D-MA) denied there was any problem ” Fannie Mac & Freddie Mare are not in Crisis”
Encouraging the government to do more to get low income families into homes, Ultimately blocking the regulation.
Allan Greenspan , 2/17/2005 spoke about the dangers of Fannie Mae & Freddie Mac “enabling these institutions to
increase in size -and they will once the crisis in their judgement passes-we are placing the total financial system of
the future at a substantial risk
Charles Schumer (D-NY) 4/6/2005 …”I think Fannie & Freddie have done an incredibly good job, and are an intristic
part of making america the best housed people in the world….if you look over the last 20 or whatever yrs. Theyve
done a very, very good job.
McCain (R-AZ) 5/25/2006 For years I have been concerned about the regulatory structure that governs Fannie Mae & Freddie Mac…
and there sheer magnitude of these companies and the role they play in the housing market…the GSE’s need to be reformed without delay.”
That bill ( FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT) made it out of the senate banking committee with a party line vote all the democrats voted against it.
Senator Obama did not weigh in on the bill

Posted by: Obamalovesrezko | September 25, 2008, 12:51 pm 12:51 pm

Hey Obamalovesrezko, what are you getting at?

Posted by: Mack | September 25, 2008, 12:52 pm 12:52 pm

Why do Republican’s have to defend every boneheaded McCain move? C’mon we are all adults here we can handle it. Except McCain who has an anger problem, called his wife a **** in a fit of rage in front of reporters.

Posted by: Katherine | September 25, 2008, 12:55 pm 12:55 pm

by 1999 Phil Gramm — who had entered the Senate two years after McCain and quickly become the economic guru of the Keating Five maverick — put forward the Gramm-Leach-Bliley Act. This Act passed out of the Senate on a party line vote with 100% Republican support, including that of John McCain. (To be fair, the bill eventually passed again with a wide margin following revisions in the House.)
This act repealed part of the Glass-Steagall Act. This may sound like a bunch of Congressperson soup, but the gist of it is that Glass-Steagall was put in place in 1933 to control the rampant speculation that had helped cause the collapse of banking at the outset of the depression, and to prevent such consolidation of the banks that the nation had all its eggs in one fiscal basket.
Gramm wasn’t done. The next year he was back with the Commodity Futures Modernization Act, which was slipped into a “must pass” spending bill on the last day of the 106th Congress. This Act greatly expanded the scope of futures trading, created new vehicles for speculation, and sheltered several investments from regulation.
As with both Gramm-Leach-Bliley and Garn-St. Germain, large parts of this bill were written by industry lobbyists. This famously included the “Enron Loophole” that exempted energy trading from regulation and was written by (big suprise) Enron Lobbyists working with Gramm. Not coincidentally, Senator Gramm, the second largest recipient of campaign contributions from Enron, was also key to legislating the deregulation of California’s energy commodity trading.
In allowing financial institutions to grow to Godzilla-sized proportions, Gramm-Leach-Bliley helped ensure that we would have financial entities that were “too big to fail.” Rather than choosing to enforce rules that kept these institutions apart, the deregulators chose to create monster bankeragasurances whose downfall (and existence) was enough to threaten the whole system.
John McCain may not have had his finger directly on the trigger, but he was there. He assisted. These were his personal friends and philosophical comrades. He may not be the high priest, but he has been a loyal acolyte in the cult of deregulation.

Posted by: Rex | September 25, 2008, 12:57 pm 12:57 pm

Obama a leader?
Theoretically he could be President of the United States and has to live with the financial mess for maybe the next 8 years.
But he does not have enough interest to go there and lead the way to get something he can work with.
And if you all think Obama can have any influence on anything in D.C. from the campaign trail, then why don’t we save lots of money, close down Capitol Hill and let all the Senators teleconference to work from their home states or travel junkets.

Posted by: Zank | September 25, 2008, 1:03 pm 1:03 pm

McNoShow whether he shows
up tomorrow or not, whether
he cancels all debates or
not, is going down in defeat
on November 4.

Posted by: anon | September 25, 2008, 1:04 pm 1:04 pm

How much Bank scandel actually follows McCain? Well, He was investigated and largely exonerated in a political influence scandal of the 1980s as a member of the ‘Keating Five’. His connection to Rick Davis, how imbezzeled money from Fannie Mae, as early as last week. And was one of his sons, who was a bank auditor, mysteriously left his job , two months before going bankrupt. I have a question, about any other organizations, he may be a part of.
Skull and Crossbones?
Masons?
Something else?
Americans may be curious to know which one. I suggest transparency be implemented. At least that is McCains platform. It still is, Right?

Posted by: historyforgotten | September 25, 2008, 1:08 pm 1:08 pm

Why is the Press Secretary, saying McCain called the President, after talking to Obama, yet McCain said he talked to Obama, just before making his, ‘Stall the Debate Speech’? Who is lying now? McCain or the Press Secretary? Is this turning into a Republican Circus? Is Bush hoping McBush will wear his pants?
America needs to go through both videos again.
Press Secretary Speech 11:39 am Today.
McCains ‘Stall’ speech yesterday.
I still want to know if McCain will do as Bush asks, and help Middle America? Or will he give in, to the Republicans, and continue to tank, Middle America? Either way, he becomes a ‘Mission Accomplished’ Bush. Or a Capitolist Bleeder. Either way McCain did say, As of this morning,I will not be campaigning…’, during his campaign speech. McMulti-Face, once again, confusses America with Double Talk speech. Is he now taking on Obamas Platform, of helping Middle America? Or will he continue to help only 5% of Capitolists? Will Black Gold continue lining his pockets? Will Rick Davis watch the Debate from prison? McCains ‘Hail Mary Pass’ was intercepted by Obama. Question now is, can Obama score a touchdown, or will McFumble make a tackle?
Come on Bush, Make McCain help Middle America. I want to hear ‘Mission Accomplished, this week.
Still vote ‘No’, to McWhere is Palin?

Posted by: historyforgotten | September 25, 2008, 1:10 pm 1:10 pm

McCain rides into DC to assist in the financial planning… but what did he say previously about his economic bona fides….
BARTIROMO: Sen. McCain, has Federal Reserve Chairman Ben Bernanke cut interest rates aggressively enough?
Has Ben Bernanke cut interests rates aggressively enough?
McCAIN: I’m not…I’m not…I don’t have that kind of expertise to know exactly whether he has cut interest rates suffiently or not.
I’m glad that whenever they cut interest rates. I wish interest rates were zero.
Mission Accomplished

Posted by: Rex | September 25, 2008, 1:26 pm 1:26 pm

If Obama moves fast enough, his handlers can retrieve the columns set from Denver, get it to Oxford, and he can stand in front of that. Since his refusal of McCain’s offer to reschedule came down to “The People Need to See ME to Be Comforted”, we’ll find a staff for him to hold up while he speaks.
Otherwise, this little man is paid to be a functioning US Senator and needs to get his behind to DC to get to work.

Posted by: len | September 25, 2008, 1:29 pm 1:29 pm

Oh please, McCain’s little sideshow in Washington is pure politics – and the polls show that the American people think it is too. He’s said so many different things in the past week on the economy that it is literally impossible to keep track of them.
He seems to forget that his former campaign co-chair, Phil Gramm, is at the epicenter of this mess, wrote the bills that allowed it to happen and that McCain himself, with one exception has a 26-year record of supporting deregulation. What hypocrisy.

Posted by: mara | September 25, 2008, 1:33 pm 1:33 pm

I’m a McCain supporter and lifelong conservative, but I have to admit that it does appear that McCain is “retreating” to DC under the guise of “taking action.” Politics is the art of double speak and my candidate is unfortunately practicing this skill at a very high level right now.
America needs this debate. The solution to our economic woes will carry on in it’s own way without either candidate participating. I want to see how they handle this debate. It very well may be the most important debate of our lifetimes and it cannot wait. Now is the time. My candidate should be able to handle both events concurrently.

Posted by: ArdentMcCainSupporter | September 25, 2008, 1:45 pm 1:45 pm

Both McCain & Obama have outlined their principles for the bailout:
McCain
-Oversight
-Return for taxpayers
-Transparency of the legislation
-No “golden parachutes”
-No earmarks in the bill
Obama
-Oversight
-Return for taxpayers
-No “golden parachutes”
-Assistance for those in danger of foreclosure
McCain offers no help for homeowners and again rails against earmarks that NO ONE has proposed for the bill!
I am so upset at McCain for injecting so much drama into this crisis. It was bad enough already without him adding fuel to the fire. I feel worse about the crisis then I did before yesterday.

Posted by: cincyr | September 25, 2008, 1:45 pm 1:45 pm

what did mccain do on capitol hill today? He wasnt invited into the discussions about the bill between the real people who have been handling this crisis?
did he just hung out outside with lie-berman, and when the deals crafted he will claim credit
just like he did with the GI bill that he refused ot endorse and refused to show up to vote on…
this guy hasnt been to congress in 6 months, and is the most absent senator to date, even the guy who had a stroke has cast more votes then mccain
suddenly he needs to show up
so pathetic
mccain is a pathetic grandstanding hero complex pow
hows your elitist makeup artist
country first lol so laughable
soooo laughable

Posted by: Bhrandon | September 25, 2008, 1:59 pm 1:59 pm

I agree with alot of people in here that mccain is retreating….
couple of facts that led up to this irrational behavior
1. his poll numbers are down, they show that obama is better able to handle the economy over mccain by a 2 to 1 ratio
2. sarah palin does not have the experience to fill in for mccain and go to dc on his behalf, leaving mccain to do it himself
3. Rick Davis, mccains campaign manager was just exposed that he, up till last month, was still recieving money from fannie mae and freddie mac…doesnt look good for mccains “no lobbyist, reformer image”
4. (more of a question) what does mccain think he’s going to get done? if he had ideas couldn’t he have emailed them? Does he think he is some knight in shining armor that is going to woo everyone to believe what he does?
the MCCAIN/PALIN Team is a FAILURE….if the senate creates a bill to bailout these companies mccain can vote, obama and biden can, but Palin CANT…..

Posted by: Oregon4Obama | September 25, 2008, 2:16 pm 2:16 pm

Need we mention that Jake Tapper (the author of this post) is a democrat? The reason ABC would make him their senior correspondent is beyond me…
Oh wait, ABC is full of democrats too.

Posted by: jimstancil | September 25, 2008, 2:33 pm 2:33 pm

AGAIN, I WANT TO REITERATE THAT THE CURRENT CRISIS IS MOSTLY THE RESULT OF POOR WALL ST. OVERSIGHT RELATED TO THE SUBPRIME AND ALT-A MARKETS (DEFINED AS NOT SALABLE TO FANNIE MAE, FREDDIE MAC, GINNIE MAE OR HUD).
THESE LOANS ARE PACKAGED AND SOLD ON WALL ST. WALL ST SET THE GUIDELINES FOR THESE MARKETS (SUBPRIME AND ALT-A), NOT THE GSE’S.
THIS IS A WALL ST. PROBLEM, NOT GSE. IT’S IMPORTANT TO NOTE THAT.

Posted by: ArdentMcCainSupporter | September 25, 2008, 2:38 pm 2:38 pm

I haven’t read all of the comments, but I agree with the comments stating that this is strictly showmanship and for those that believe this is an great example of leadership my comments and questions below are for you…
O.k., so today it’s the economy. McCain wants all to believe that he is so chivalrous that he has dropped everything for the good of the country, but this action raises a whole different set of questions for me. What is going to happen with future crisis situations? What if two crisis happen at once? Is he going to warf into two people, because it’s clear ALREADY that he thinks Palin is too incompetent to carry any of the load… whether it be a presence in DC or the campaign. Just the campaign, not a 9/11 type-crisis, not the war, not a natural disaster, just the McCain Campaign. Every executive in corporate America worth their salt knows how to assess, manage, and delagate when needed. AND at some point in life, every person has thought “Man, why does all of this have to hit at once…” but “HELLO” that’s life. This isn’t Staples. America doesn’t come with an “Easy” button.
Do we really want someone in office that can only juggle one ball at a time? (And clearly chose the wrong running mate, so there is no true back-up.)
Maybe McCain should add a “Pause” button to his campaign. All of you that support him can roll down the rode with “Pause” on your bumpers while the rest of the world passes you by.

Posted by: mlrich08 | September 25, 2008, 2:51 pm 2:51 pm

I’m reading these comments and comments on other random articles and blogs today and am utterly amazed at the uninformed and hardly coherent bashing of oponents. Does anyone actually debate the issues at all?
just a few points for some of the comments above.
1. ridiculing Obama for not being prepared for the debate and cramming is ludicrous. if you actually paid attention to him when he speaks or if you read his extremely detailed policy statements instead of making stuff up to support your position you’d know he is the most knowledgeable candidate by far. You may prefer McCain’s politics and leadership style and that is a fine reason to make a choice, but if you try to argue he is more knowledgeable about the issues you aren’t very well informed.
2. The senate is not the group coming up with the bail out plan, it is a small group of policy makers and McCain and Obama are not only unecessary they are unwanted and would put politics squarly in the way of the work that needs to be done. Obama made the responsible country-first choice here and McCain is insinuating himself where he can’t even contribute. I’ll give him the benefit of the doubt and not assume it was 100% political maneuvering on his part and he actually thinks he can do something. After all, his support of the plan is in fact needed and wanted – just not his actual presence. But even so he makes me very nervous jumping around throwing out comments, retracting them, making broad sweeping statements without having all the facts and grandstanding. You may prefer this bull in a china closet approach to leadership where decisions are made with a roll of the dice, but I prefer someone who actually thinks before he acts and then acts decisively.
3. And in response to several comments I have seen today that really confused me…off topic I’m afraid. In regards to the press’s focus on Gov. Palin and her rather shaky interview with Katie Couric last night. I keep seeing comments to the effect of, “why are they picking on her? They aren’t picking on the others!” Huh? I guess that just goes to show that the attention span of the American people is desperately short. The only way you could have missed the extremely intense vetting of all three other candidates is if you didn’t bother to care about paying attention until Gov. Palin showed up. She isn’t being picked on. In fact she is being handled with kid gloves as if she is breakable. She deserves better than to be coddled by her campaign, by these commentors and by the press – all three. Obviously I am an Obama supporter, but I consider it my responsibility to pay attention to every candidate and give them the benefit of my attention and an open mind. If Gov. Palin has something to say, I am ready to hear it.

Posted by: learningisjoy | September 25, 2008, 3:08 pm 3:08 pm

I agree with Senator Obama. I am more interested in hearing from the presidential candidates. At least Senator Obama is consistent while Senator McCain is mercurial. I am sick and tired of the right treating this as a game and of the media for falling for their ruses again and again. The presidential debate does not need to be postponed, and the vice presidential debate should not be alleviated. Americans deserve to see and hear what they are getting.

Posted by: Dave | September 25, 2008, 8:29 pm 8:29 pm

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